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John Fithian, the retiring CEO of the National Association of Theatre Owners, is optimistic that the box office will soon be back to its pre-pandemic highs, and the recent exit of former Disney CEO Bob Chapek is one of the reasons why.
Fithian believes that the current state of Hollywood is very advantageous for movie theaters, as the vast majority of legacy and streamer studios are recommitting to releasing films of all budgets and genre films exclusively in theaters. This includes Disney, which Fithian feels wasn’t as good a partner to exhibitors when Chapek was in charge.